ESPE SPA (ESPE.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ESPE - IT0005573818 - Common Stock
We assign a technical rating of 5 out of 10 to ESPE. ESPE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ESPE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3.03, a Stop Loss order could be placed below this zone.
More info and screens
2.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.99 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.85 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.07 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.21 to 3.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ESPE.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESPE.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESPE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ESPE.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESPE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.62 | NEUTRAL | The RSI value for ESPE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ESPE.MI has a negative trend. |
| Stochastics (14,3) | 25.49 | NEUTRAL | The Stochastics value for ESPE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ESPE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for ESPE.MI suggests a possible start of a new trend. |
BIT:ESPE (12/9/2025, 7:00:00 PM)
3.04
-0.06 (-1.94%)
ESPE SPA / ESPE.MI FAQ
Can you provide the ChartMill technical rating for ESPE SPA?
ChartMill assigns a technical rating of 5 / 10 to ESPE.MI.
What is the current trend direction of ESPE SPA (ESPE.MI) stock?
The current trend direction for ESPE SPA (ESPE.MI) is Bullish.
What is the RSI signal for ESPE stock?
ESPE SPA (ESPE.MI) has an RSI value of 47.6247. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ESPE SPA?
ESPE SPA (ESPE.MI) has a support level at 3.03 and a resistance level at 3.07. Check the full technical report for our detailed analysis of ESPE.MI support and resistance levels.